Axis Bank Neo Credit Card
A low-fee starter card built around discounts: Zomato, Blinkit, movie tickets, utility bills and Cleartrip.
Rewards and cashback
| Where you spend | You earn | Limit |
|---|---|---|
| Zomato (₹499 or more) | ₹120 off, twice a month | – |
| Blinkit (₹750 or more) | 10% off | ₹250 a month |
| BookMyShow movies | 10% off | ₹100 a month |
| Utility bills on Paytm | 5% off | ₹150 a month |
| Other spends | 1 EDGE point per ₹200 (about 0.1%) | – |
| Rent, wallet loads, fuel, utilities, government, insurance, education, EMI | Nothing | – |
- Value comes from the discounts, not the points.
- The Zomato offer is not available on the RuPay UPI card.
Benefits
Welcome benefit
- 100% cashback up to ₹300 on your first utility bill within 30 days.
Milestones
- None.
Travel and lounges
- No lounge access.
- Cleartrip: 7% off flights (up to ₹2,000) and 18% off hotels (up to ₹4,000), once a month.
Fuel and forex
- No fuel surcharge waiver.
- Forex markup 3.5%.
Other perks
- RuPay version works on UPI
Fees and charges
| Joining fee | Nil in year 1 |
|---|---|
| Annual fee | ₹250 + GST from year 2 (lifetime free through some channels) |
| Interest | 3.75% a month |
| Forex markup | 3.5% |
GST at 18% applies on fees. Banks change charges from time to time; the bank’s own terms are final.
Who can apply
- Age 18 to 70
- Salaried, self-employed or student
You will usually need PAN, Aadhaar or address proof, and income proof (salary slips or ITR). A credit score of 750 or more improves your chances.
Pros and cons
What we like
- Very low fee
- Useful Zomato and Blinkit discounts
- Good first card
Watch out for
- Almost no reward points
- No lounge or fuel benefits
- Movie offer will need ₹25,000 spend in 3 months
Is the Axis Bank Neo worth it?
Axis Neo costs ₹250 + GST a year from the second year, and is often lifetime free. It can save you a few thousand rupees a year, but only if you use its offers every month. Its reward points are worth almost nothing, so treat it as a discount card.
What you could save each month
| How you use it | You save |
|---|---|
| 2 Zomato orders of ₹499 or more | ₹240 |
| ₹2,500 on Blinkit (orders of ₹750 or more) | ₹250 |
| ₹3,000 of utility bills paid on Paytm | ₹150 |
| Movie tickets on BookMyShow | ₹100 |
| Total | ₹740 a month, about ₹8,900 a year |
This is the most you can save if you use every offer up to its limit. From 1 November 2026, the movie offer needs ₹25,000 of card spend in the previous 3 months. Axis Bank can change these offers at any time.
How to get the most from it
- Use the Visa card for Zomato. The Zomato offer does not work on the RuPay UPI card.
- Pay your electricity, gas and phone bills through Paytm to get 5% off.
- Book flights or hotels on Cleartrip with the card once a month for 7% off flights or 18% off hotels.
- Pay your first utility bill within 30 days to get up to ₹300 back.
Skip it if
- You rarely order on Zomato or Blinkit. A flat cashback card such as SBI Cashback or HDFC Pixel Go will suit you better.
- You want lounge access or rewards on fuel.
New to card fees? Read how joining fees, annual fees and waivers work.
Recent changes
- 1 Nov 2026Movie offer needs ₹25,000 spend in the previous 3 months.
- 1 Jul 2025Zomato minimum order raised to ₹499.
Frequently asked questions
Is Axis Neo lifetime free?
It is free in the first year and often lifetime free through some application channels; otherwise ₹250 + GST a year.
How much can I save with Axis Neo in a year?
Up to about ₹8,900 if you use the Zomato, Blinkit, bill payment and movie offers to their limits every month. You save less if you use only one or two of them.
Can I use Axis Neo on UPI?
Yes, the RuPay version links to UPI apps. The Zomato offer is not available on the RuPay UPI card, though.
Does Axis Neo give reward points?
Only 1 EDGE point per ₹200, which is about 0.1% back. Almost all of the value comes from the merchant discounts.
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Sources: CardAdvisor. Details checked on 22 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.